HKEx to Trade Copper, Aluminum, Zinc Mini Futures

Reuters reported that Hong Kong Exchanges and Clearing Ltd. will start trading copper, aluminum and zinc mini futures in the coming year. HKEx Chief Executive Charles Li told Reuters he hopes to meet the needs of the commodities industry in Asia with the new platform.

As quoted in the market news:

Prices for the new contracts would be based on settlement prices of the futures on the London Metal Exchange (LME) owned by HKEx and settled in cash with Chinese renminbi, targeting Chinese investors.

Click here to read the full Reuters article.